ADIA Acquires 40% Stake in Landmark Dividend with DigitalBridge

Digital Colony to Acquire Landmark Dividend LLC (with proposal for Landmark Infrastructure Partners)

May 17, 2021

Infrastructure

Digital Colony Management, LLC has entered into a definitive agreement to acquire Landmark Dividend LLC, the sponsor that owns the general partner of Landmark Infrastructure Partners LP. Upon closing of the sponsor acquisition, Digital Colony said it intends to submit a proposal to the LMRK board to acquire substantially all of Landmark Infrastructure Partners LP, proposing $13.00 per common unit (valuing LMRK at ~ $972 million).

DigitalBridge Investment Management Acquires Controlling Stake in Vertical Bridge

August 10, 2021

Telecommunications

Funds affiliated with DigitalBridge Investment Management have acquired a controlling stake in Vertical Bridge Holdings, LLC, the largest private owner and operator of wireless communications infrastructure in the United States. The investment consolidates ownership to support Vertical Bridge’s continued scaling across more than 308,000 sites (including 8,000+ towers) and to capitalize on growing demand for 5G and other next-generation telecom infrastructure.

DigitalBridge Acquires Wafra's 31.5% Stake in DigitalBridge IM

April 18, 2022

Financial Services

DigitalBridge Group, Inc. agreed to acquire Wafra Inc.'s 31.5% ownership stake in DigitalBridge's investment management subsidiary (DigitalBridge IM) for $410 million of newly issued DigitalBridge Class A common stock and $390 million in cash, with an earnout of up to $125 million. The transaction will make DigitalBridge the 100% owner of DigitalBridge IM, is expected to be immediately accretive to earnings by increasing fee-related earnings and performance fee entitlement, and furthers corporate simplification and alignment between shareholders and the investment-management platform.

DigitalBridge Forms EdgePoint Infrastructure; Acquires PT Centratama, Asiaspace and 4,247 Indosat Towers

July 7, 2021

Telecommunications

DigitalBridge has formed EdgePoint Infrastructure, a Southeast Asia-focused wireless towers platform led by Suresh Sidhu, and is building scale through multiple acquisitions and asset purchases. EdgePoint has secured over 10,000 sites across Indonesia and Malaysia, including a controlling stake in PT Centratama Telekomunikasi Indonesia Tbk, the purchase of 4,247 towers from Indosat Ooredoo (sale‑leaseback), and the acquisition of Asiaspace in Malaysia to accelerate 5G infrastructure deployment.

Trivest Partners and Lincoln Road Form Landmark Paving Platform

March 23, 2021

Construction

Trivest Partners (via its Discovery Fund) and Lincoln Road Global Management have completed an investment to form Landmark Paving, a new pavement maintenance platform headquartered in Oviedo, Florida. Landmark Paving was created through the acquisition of DH Striping and Lynne Services and will focus on organic growth and strategic add-on acquisitions across the U.S., serving retail, REITs, property managers and site developers.

Thoma Bravo Sells Significant Minority Stake in Qlik to ADIA

November 11, 2024

Data & Analytics

Thoma Bravo has signed an agreement to sell a significant minority stake in Qlik to a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), with Thoma Bravo remaining the majority shareholder and making a new equity investment. A consortium of other investors is expected to participate alongside ADIA and Thoma Bravo; the deal is subject to regulatory approvals and is expected to close in Q1 2025.